Elmlodge Estate Agents Limited - Abbreviated accounts 16.3
Elmlodge Estate Agents Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 July 2016 |
| for |
| Elmlodge Estate Agents Limited |
| Elmlodge Estate Agents Limited (Registered number: 07668678) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 July 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Elmlodge Estate Agents Limited |
| Company Information |
| for the Year Ended 31 July 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Elmlodge Estate Agents Limited (Registered number: 07668678) |
| Abbreviated Balance Sheet |
| 31 July 2016 |
| 2016 | 2015 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 2 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the director on signed by: |
| Elmlodge Estate Agents Limited (Registered number: 07668678) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 July 2016 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost |
| convention and in accordance with the Financial Reporting Standard for |
| Smaller Entities (effective January 2015). |
| Exemption from preparing a cash flow statement |
| Exemption has been taken from preparing a cash flow statement on the |
| grounds that the company qualifies as a small company. |
| Turnover |
| Turnover represents the value of services provided on the contracts to the |
| extent that there is a right of consideration and is recorded at the value |
| of the consideration. Where a contract has been partially completed at the |
| balance sheet date, turnover represents the value of the services provided |
| to date based on a proportion of the total expected consideration and |
| completion. Where payments are received from customers in advance of |
| services provided, the amounts are recorded as deferred income and included |
| as part of creditors due in one year. |
| Going concern |
| At the balance sheet date the company had net liabilities amounting to |
| £224,080 (2015 - £145,523). The company is dependant upon the support of |
| its creditors which the director believes will continue. It is on the |
| basis, in the opinion of the director it is appropriate to prepare |
| financial statements on a going concern basis |
| 2. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | 1 |